Celsius Sustainability Profile
Celsius Network Ltd., commonly referred to as Celsius, is a prominent player in the cryptocurrency and blockchain industry, headquartered in France. Founded in 2017, Celsius has rapidly established itself as a leading platform for crypto lending and borrowing, offering users the ability to earn interest on their digital assets. With a focus on decentralised finance (DeFi), Celsius provides unique services such as crypto-backed loans and high-yield interest accounts, setting it apart from traditional financial institutions. The company has achieved significant milestones, including a robust user base and substantial assets under management, positioning itself as a trusted name in the evolving landscape of digital finance. Celsius continues to innovate, making strides in user-friendly financial solutions for both individual and institutional clients.
DitchCarbon Score
How does Celsius's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Celsius's score of 26 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Celsius's reported carbon emissions
Celsius, headquartered in France, currently does not report any specific carbon emissions data, as there are no available figures for kg CO2e emissions. Additionally, the company has not established any documented reduction targets or climate pledges. This lack of data suggests that Celsius may still be in the early stages of developing its climate commitments or reporting frameworks. In the context of the industry, many companies are increasingly adopting science-based targets and committing to net-zero emissions. However, without specific emissions data or reduction initiatives, it is challenging to assess Celsius's position relative to its peers. As the climate landscape evolves, it will be important for Celsius to establish clear targets and transparent reporting to align with industry standards and stakeholder expectations.
How Carbon Intensive is Celsius's Industry?
How Carbon Intensive is Celsius's Location?
Celsius's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Celsius has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
